Free Point and Figure charts Macpower Cnc Machines Ltd MACPOWER_SM share NSE Stock Exchange

Stock MACPOWER_SM - Share Macpower Cnc Machines Ltd trades in NSE

Daily Support: 49.3
Daily Resistance: 51.3
5 Day Moving Average is 51.2
20 Day Moving Average is 54.58

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Tue 18 Aug 2020	0.5%	51.00	50.60	52.00	50.00	2.62 times
Mon 17 Aug 2020	-2.71%	53.90	50.35	54.30	49.20	0.48 times
Fri 14 Aug 2020	2.78%	52.80	51.75	52.80	51.65	0.09 times
Thu 13 Aug 2020	-4.91%	55.55	50.35	55.55	50.35	0.39 times
Wed 12 Aug 2020	4.96%	52.95	52.95	52.95	52.95	0.07 times
Tue 11 Aug 2020	4.02%	50.90	50.45	50.90	47.10	0.81 times
Mon 10 Aug 2020	4.53%	46.40	48.50	48.50	46.40	0.14 times
Fri 07 Aug 2020	-4.92%	46.45	46.40	47.00	46.40	0.09 times
Thu 06 Aug 2020	4.83%	48.00	48.80	48.80	48.00	0.05 times
Wed 05 Aug 2020	-4.9%	48.80	46.55	48.80	46.55	0.09 times

Point & Figure Charts for Macpower Cnc Machines Ltd MACPOWER_SM

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Macpower Cnc Machines Ltd MACPOWER_SM and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Macpower Cnc Machines Ltd MACPOWER_SM stock.